Nifty
:
25461.00
Sensex
:
83432.89
55.70 (0.22%)
193.42 (0.23%)
Nifty
Sensex
:
:
25461.00
83432.89
55.70 (0.22%)
193.42 (0.23%)

Bharat Forge Ltd.

Forgings

Rating :
49/99

BSE: 500493 | NSE: BHARATFORG

NSE BSE
1314.50
04-Jul-2025
  • Open
  • High
  • Low
  • Previous Close
  •  1305
  •  1318
  •  1291.2
  •  1298.70
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  1039888
  •  1358527890.6
  •  1771.2
  •  919.1

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 62,842.36
  • 66.77
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 67,839.37
  • 0.65%
  • 6.79

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 44.07%
  • 0.48%
  • 7.44%
  • FII
  • DII
  • Others
  • 16.08%
  • 28.90%
  • 3.03%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.47
  • 14.25
  • 14.45

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.93
  • 18.16
  • 5.38

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 2.23
  • 19.35
  • -4.20

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 42.13
  • 63.15
  • 65.59

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 6.01
  • 6.38
  • 7.07

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 22.45
  • 25.82
  • 23.15

Earnings Forecasts:

(Updated: 06-06-2025)
Description
2024
2025
2026
2027
Adj EPS
20.43
20.05
29.3
38.22
P/E Ratio
64.34
65.56
44.86
34.39
Revenue
15682
15123
16335
18547
EBITDA
2566
2694
2971
3534
Net Income
951
941
1376
1793
ROA
5
4.8
7.4
9.6
P/B Ratio
7.15
6.79
6.09
5.34
ROE
13.71
11.46
14.08
16.24
FCFF
-287
-40
1366
1494
FCFF Yield
-0.45
-0.06
2.14
2.34
Net Debt
5244
4054
3017
2355
BVPS
183.97
193.53
215.88
245.97

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Net Sales
3,852.60
4,164.21
-7.48%
3,475.54
3,866.41
-10.11%
3,688.51
3,774.19
-2.27%
4,106.15
3,877.27
5.90%
Expenses
3,171.28
3,520.93
-9.93%
2,851.16
3,168.55
-10.02%
3,041.23
3,152.76
-3.54%
3,365.19
3,281.89
2.54%
EBITDA
681.33
643.28
5.91%
624.38
697.86
-10.53%
647.27
621.43
4.16%
740.96
595.38
24.45%
EBIDTM
17.68%
15.45%
17.97%
18.05%
17.55%
16.47%
18.05%
15.36%
Other Income
62.10
54.83
13.26%
38.37
55.95
-31.42%
61.65
52.48
17.47%
51.65
64.16
-19.50%
Interest
88.00
115.52
-23.82%
95.96
136.82
-29.86%
109.81
124.33
-11.68%
123.71
114.50
8.04%
Depreciation
223.76
207.11
8.04%
218.25
223.67
-2.42%
213.35
211.33
0.96%
218.27
206.09
5.91%
PBT
426.37
365.26
16.73%
348.54
393.33
-11.39%
385.76
336.15
14.76%
298.86
338.94
-11.83%
Tax
141.48
138.70
2.00%
134.22
140.59
-4.53%
141.88
121.79
16.50%
124.97
127.75
-2.18%
PAT
284.90
226.56
25.75%
214.31
252.74
-15.21%
243.88
214.36
13.77%
173.89
211.19
-17.66%
PATM
7.39%
5.44%
6.17%
6.54%
6.61%
5.68%
4.23%
5.45%
EPS
5.90
5.07
16.37%
4.45
5.68
-21.65%
5.23
4.88
7.17%
4.36
4.80
-9.17%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Net Sales
15,122.80
15,682.07
12,910.26
10,461.08
6,336.26
8,055.84
10,145.73
8,357.69
6,396.14
6,809.15
7,630.69
Net Sales Growth
-3.57%
21.47%
23.41%
65.10%
-21.35%
-20.60%
21.39%
30.67%
-6.07%
-10.77%
 
Cost Of Goods Sold
6,594.34
7,379.19
5,961.36
4,215.96
2,634.16
3,576.53
4,214.34
3,281.12
2,435.78
2,568.04
2,889.69
Gross Profit
8,528.46
8,302.88
6,948.91
6,245.12
3,702.11
4,479.31
5,931.40
5,076.57
3,960.37
4,241.12
4,741.00
GP Margin
56.39%
52.95%
53.82%
59.70%
58.43%
55.60%
58.46%
60.74%
61.92%
62.29%
62.13%
Total Expenditure
12,428.86
13,124.13
11,208.15
8,493.04
5,474.52
6,945.51
8,125.00
6,640.89
5,145.10
5,401.07
6,193.45
Power & Fuel Cost
-
766.50
827.88
576.84
396.10
481.43
591.89
491.55
405.00
422.95
472.91
% Of Sales
-
4.89%
6.41%
5.51%
6.25%
5.98%
5.83%
5.88%
6.33%
6.21%
6.20%
Employee Cost
-
1,860.00
1,563.10
1,464.68
1,071.06
1,195.46
1,246.30
1,089.20
930.92
915.26
907.35
% Of Sales
-
11.86%
12.11%
14.00%
16.90%
14.84%
12.28%
13.03%
14.55%
13.44%
11.89%
Manufacturing Exp.
-
1,766.83
1,464.66
1,260.38
747.76
879.09
1,129.96
974.10
750.44
836.33
1,365.10
% Of Sales
-
11.27%
11.34%
12.05%
11.80%
10.91%
11.14%
11.66%
11.73%
12.28%
17.89%
General & Admin Exp.
-
260.00
200.39
162.76
148.39
119.89
154.03
125.16
110.31
101.55
106.39
% Of Sales
-
1.66%
1.55%
1.56%
2.34%
1.49%
1.52%
1.50%
1.72%
1.49%
1.39%
Selling & Distn. Exp.
-
473.39
635.11
445.31
179.03
261.36
305.94
209.34
161.22
202.45
141.14
% Of Sales
-
3.02%
4.92%
4.26%
2.83%
3.24%
3.02%
2.50%
2.52%
2.97%
1.85%
Miscellaneous Exp.
-
618.22
555.66
367.12
298.03
431.75
482.54
470.42
351.42
354.50
141.14
% Of Sales
-
3.94%
4.30%
3.51%
4.70%
5.36%
4.76%
5.63%
5.49%
5.21%
4.07%
EBITDA
2,693.94
2,557.94
1,702.11
1,968.04
861.74
1,110.33
2,020.73
1,716.80
1,251.04
1,408.08
1,437.24
EBITDA Margin
17.81%
16.31%
13.18%
18.81%
13.60%
13.78%
19.92%
20.54%
19.56%
20.68%
18.83%
Other Income
213.77
231.84
238.27
243.80
168.90
187.86
230.00
142.01
119.28
132.13
137.28
Interest
417.48
495.58
298.62
160.41
107.73
171.33
127.22
106.53
99.96
115.96
136.42
Depreciation
873.63
848.20
735.59
730.30
612.16
543.34
513.16
460.69
452.05
452.98
362.64
PBT
1,459.53
1,446.00
906.17
1,321.13
310.75
583.53
1,610.36
1,291.59
818.32
971.27
1,075.46
Tax
542.55
528.83
318.56
303.45
101.51
112.46
566.38
441.79
286.59
316.48
358.66
Tax Rate
37.17%
36.89%
37.03%
21.47%
2245.80%
22.29%
35.17%
36.93%
30.27%
32.77%
32.07%
PAT
916.98
951.13
528.37
1,081.76
-96.40
392.74
1,043.55
762.83
654.05
652.43
762.54
PAT before Minority Interest
944.85
910.16
508.39
1,077.06
-96.99
392.15
1,043.97
754.35
660.15
649.33
759.56
Minority Interest
27.87
40.97
19.98
4.70
0.59
0.59
-0.42
8.48
-6.10
3.10
2.98
PAT Margin
6.06%
6.07%
4.09%
10.34%
-1.52%
4.88%
10.29%
9.13%
10.23%
9.58%
9.99%
PAT Growth
1.34%
80.01%
-51.16%
-
-
-62.37%
36.80%
16.63%
0.25%
-14.44%
 
EPS
19.18
19.89
11.05
22.63
-2.02
8.21
21.83
15.96
13.68
13.65
15.95

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Shareholder's Funds
7,170.18
6,705.53
6,570.67
5,415.12
5,219.74
5,376.06
4,651.71
4,116.37
3,413.22
3,444.16
Share Capital
93.13
93.13
93.13
93.13
93.13
93.13
93.13
46.57
46.57
46.57
Total Reserves
7,064.32
6,608.66
6,475.92
5,321.99
5,126.61
5,282.93
4,558.58
4,069.80
3,366.65
3,397.59
Non-Current Liabilities
2,738.54
3,216.20
2,750.86
3,123.23
2,263.30
2,063.57
1,541.76
1,508.17
2,014.22
2,324.52
Secured Loans
448.03
459.54
486.69
454.21
0.67
10.66
191.05
242.00
245.19
543.52
Unsecured Loans
1,410.95
1,291.73
1,300.65
1,762.96
1,874.06
1,667.86
935.18
817.07
1,392.95
1,437.99
Long Term Provisions
180.68
141.17
176.07
192.31
172.18
134.29
132.09
131.54
116.57
119.69
Current Liabilities
9,280.11
8,276.86
6,114.22
4,517.73
3,967.39
4,108.81
3,753.88
3,206.16
2,868.78
2,467.23
Trade Payables
2,262.12
2,151.34
1,631.37
1,206.84
1,030.93
1,366.44
1,326.79
846.33
837.20
1,139.13
Other Current Liabilities
1,801.93
1,633.36
1,001.86
789.34
777.67
516.72
742.14
1,025.92
654.78
766.12
Short Term Borrowings
5,005.14
4,353.40
3,339.44
2,362.59
2,003.63
2,094.33
1,584.82
1,262.18
1,305.22
383.03
Short Term Provisions
210.91
138.75
141.55
158.96
155.16
131.32
100.13
71.73
71.58
178.96
Total Liabilities
19,183.95
18,234.66
15,491.83
13,087.78
11,482.42
11,578.28
9,976.77
8,840.74
8,291.96
8,233.87
Net Block
6,309.09
6,160.62
4,869.70
4,749.68
4,001.71
3,624.31
3,499.41
3,276.78
3,133.97
2,628.69
Gross Block
11,215.13
10,267.65
8,246.20
7,675.30
6,401.68
5,551.78
4,939.06
7,232.81
6,832.52
5,698.36
Accumulated Depreciation
4,906.04
4,107.03
3,376.50
2,917.17
2,399.97
1,927.47
1,439.64
3,956.02
3,698.55
3,069.68
Non Current Assets
9,168.44
9,232.64
7,560.87
6,873.34
6,211.37
6,039.38
5,395.90
4,620.69
4,037.58
3,800.72
Capital Work in Progress
991.24
701.16
1,124.76
900.11
1,142.67
830.68
343.78
453.18
408.81
869.64
Non Current Investment
823.50
1,518.77
695.73
529.87
552.23
983.65
1,117.43
368.68
162.57
38.89
Long Term Loans & Adv.
932.48
745.24
565.32
464.40
407.58
386.44
308.93
332.44
225.38
240.25
Other Non Current Assets
111.84
106.57
305.08
229.27
107.18
214.29
126.36
189.61
106.83
23.25
Current Assets
10,015.51
9,002.02
7,930.96
6,214.44
5,271.05
5,538.90
4,580.87
4,220.05
4,254.38
4,433.15
Current Investments
1,025.48
1,050.06
1,908.02
2,077.18
1,066.08
540.30
384.00
823.17
723.13
456.65
Inventories
3,216.08
3,126.25
2,710.46
1,793.94
1,734.70
1,844.67
1,359.89
1,075.20
996.78
1,033.89
Sundry Debtors
3,167.15
3,087.46
2,162.30
1,409.58
1,493.85
2,147.84
1,937.14
1,341.07
1,401.74
853.47
Cash & Bank
1,689.92
1,039.52
603.02
472.86
575.11
475.46
304.06
336.08
449.29
681.99
Other Current Assets
916.88
312.96
300.24
222.32
401.31
530.63
595.77
644.53
683.44
1,407.15
Short Term Loans & Adv.
555.39
385.77
246.93
238.57
260.23
332.59
293.04
224.14
283.77
243.05
Net Current Assets
735.40
725.16
1,816.74
1,696.71
1,303.66
1,430.09
826.99
1,013.89
1,385.60
1,965.92
Total Assets
19,183.95
18,234.66
15,491.83
13,087.78
11,482.42
11,578.28
9,976.77
8,840.74
8,291.96
8,233.87

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Cash From Operating Activity
1,664.39
1,294.47
505.85
1,020.02
1,521.95
911.47
967.36
1,051.67
1,355.78
1,034.52
PBT
1,433.68
860.38
1,413.53
4.52
504.61
1,610.36
1,196.14
946.79
965.80
1,122.24
Adjustment
1,172.83
887.66
671.70
725.24
789.68
526.02
561.64
399.18
496.89
441.10
Changes in Working Capital
-423.60
-36.34
-1,226.86
383.66
460.74
-674.66
-397.87
-21.43
197.51
-118.95
Cash after chg. in Working capital
2,182.91
1,711.70
858.38
1,113.42
1,755.04
1,461.71
1,359.91
1,324.55
1,660.20
1,444.39
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-518.51
-417.23
-352.53
-93.40
-233.09
-550.25
-392.55
-272.87
-304.43
-408.84
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-1.02
Cash From Investing Activity
-666.75
-1,671.33
-690.05
-1,511.06
-1,132.24
-1,175.09
-814.16
-684.38
-926.82
-466.94
Net Fixed Assets
-425.50
-417.07
-143.23
-233.99
-692.38
-853.79
1,850.50
-406.74
-870.53
-303.44
Net Investments
-186.00
-379.56
-330.21
-1,216.44
-160.70
-131.38
-288.66
-350.90
-317.51
237.15
Others
-55.25
-874.70
-216.61
-60.63
-279.16
-189.92
-2,376.00
73.26
261.22
-400.65
Cash from Financing Activity
-202.69
280.27
310.17
578.29
-381.42
367.65
-314.42
-400.66
-448.33
-359.91
Net Cash Inflow / Outflow
794.96
-96.60
125.96
87.26
8.29
104.03
-161.22
-33.37
-19.38
207.68
Opening Cash & Equivalents
508.71
558.42
447.31
312.62
286.21
202.98
272.31
357.90
338.82
239.68
Closing Cash & Equivalent
1,315.31
508.71
558.42
447.31
312.62
286.21
202.98
324.53
357.90
447.42

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Book Value (Rs.)
153.73
143.94
141.09
116.31
112.11
115.47
99.91
88.41
73.31
73.97
ROA
4.86%
3.01%
7.54%
-0.79%
3.40%
9.69%
8.02%
7.71%
7.86%
9.63%
ROE
13.13%
7.66%
17.97%
-1.82%
7.40%
20.82%
17.21%
17.53%
18.94%
24.79%
ROCE
13.75%
8.75%
13.61%
1.12%
7.13%
20.07%
17.20%
14.92%
16.93%
22.33%
Fixed Asset Turnover
1.47
1.40
1.32
0.90
1.35
1.93
1.38
0.94
1.12
1.41
Receivable days
72.16
74.01
61.85
83.63
82.50
73.48
71.10
75.86
58.78
40.25
Inventory Days
73.17
82.29
78.00
101.63
81.09
57.64
52.81
57.31
52.93
48.52
Payable days
109.15
115.80
122.86
155.04
63.24
59.42
60.28
59.51
63.12
54.76
Cash Conversion Cycle
36.19
40.50
17.00
30.22
100.34
71.70
63.64
73.66
48.59
34.01
Total Debt/Equity
1.04
1.01
0.86
0.92
0.83
0.75
0.70
0.76
0.99
0.74
Interest Cover
3.90
3.77
9.61
1.04
3.95
13.66
12.23
10.47
9.33
9.20

Annual Reports:

FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015

News Update:


  • Bharat Forge’s arm incorporates wholly-owned subsidiary
    3rd Jul 2025, 17:19 PM

    This will result in growth opportunities and business expansion in line with the strategic goals of KSSL

    Read More
  • Bharat Forge completes acquisition of AAM India Manufacturing
    2nd Jul 2025, 16:13 PM

    This acquisition will enable it to complement its component offerings with products solutions to OEMs in India & Globally

    Read More
  • Bharat Forge signs MoU with Turgis Gaillard
    18th Jun 2025, 09:41 AM

    AAROK is a MALE-class UAV developed to offer the best available technology at the lowest acquisition and deployment cost

    Read More
  • Bharat Forge reports 24% rise in Q4 consolidated net profit
    9th May 2025, 11:17 AM

    The total consolidated income of the company decreased by 7.21% at Rs 3914.71 crore for Q4FY25

    Read More
  • Bharat Forge gets CCI’s nod to acquire AAM India Manufacturing Corporation
    23rd Apr 2025, 10:22 AM

    AAM India Manufacturing Corporation is into manufacturing and sale of axles for commercial vehicles in the country

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.